The Department of Economics & Banking organized a session on Financial Literacy for the Multi-Tasking staff (MTS) of all VVM institutions on 24th April 2019 from 11.00 am to 1 pm. The theme of the session was Fundamentals of Investment. Vice-Principal Dr. Rodney D’Silva welcomed the participants and Dr. Lira Gama introduced the resource person Mr. Sandesh G.Gaonkar Assistant Professor in Commerce.
Mr. Sandesh Gaonkar spoke about the various investment avenues. He said that one has to invest in a smart way depending upon risk appetite. One can invest smartly by doing SIP i.e. Systematic Investment Plan or investing a lumpsum amount as and when Market moves up and down in emerging market. The resource person spoke about the importance of Investment Planning in every individual’s life. He also spoke about how to beat inflation by adding value to money through Risk Free Return and Risk Adjusted Return. He spoke about how to create wealth for retirement, education, marriage and dream holidays, which provide security, emergency funds and reduce debt for the individual and his/her family. The session was conducted in Konkani.
The session was attended by 13 MTS and housekeeping staff from Shree Damodar College of Commerce & Economics, and 7 MTS from Vidya Vikas Academy.
